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Tue, Apr 30, 2024 04:02 AM All times are UTC

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Americas Roundup: Dollar edges higher on strong U.S. data, tax bill progress, Wall Street ends lower, Gold extends losses, Oil drops for third day, awaiting OPEC decision-November 30th 2017

Nov 29, 2017 21:14 pm UTC| Market Roundups

Market Roundup US Q3 GDP 2nd Estimate, 3.3%, 3.2% forecast, 3.0% previous. US Q3 GDP Sales Prelim, 2.5%, 2.4% forecast, 2.3% previous. US Q3 GDP Cons Spending Prelim, 2.3%, 2.4% previous. US Q3 GDP Deflator...

Europe Roundup: Sterling hits 2-month high on Brexit breakthrough hopes, dollar eases on U.S. government shutdown worries, European shares gain - Wednesday, November 29th, 2017

Nov 29, 2017 11:53 am UTC| Market Roundups

Market Roundup EUR/USD -0.03%, USD/JPY 0.09%, GBP/USD 0.49%, EUR/GBP -0.52% DXY 0.01%, DAX 0.97%, FTSE -0.56%, Brent -0.86%, Gold 0.06% EZ Business Climate Nov, 1.49, 1.53 forecast, 1.44 previous EZ...

Asia Roundup: Aussie hits 1-week lows, dollar steadies against yen despite N. Korea missile launch concerns, Asian shares edge up - Wednesday, November 29th, 2017

Nov 29, 2017 06:26 am UTC| Market Roundups

Market Roundup Bitcoin tops $10,000, taking 2017 gains to 940 pct Japan Oct Retail Sales y/y, -0.2%, 2.2% last, -0.2% f cast, 2.3% rvsd New Zealand central bank to undertake modest easing of home loan...

Americas Roundup: Dollar up on U.S. policy hopes, sterling swings, Wall Street hits fresh records despite N. Korea missile nerves, Oil prices slip on OPEC deal extension jitters-November 29th 2017

Nov 28, 2017 21:33 pm UTC| Market Roundups

Market Roundup US Nov Consumer Confidence, 129.5, 124.0 Reuters forecast, 125.9 previous, 126.2 revised. US Oct Build Permits R Chg MM, 7.4%, 5.9% previous. US Oct Adv Goods Trade Balance, -68.30 bln, -64.10...

Europe Roundup: Sterling falls below 1.3300 on renewed Brexit concerns, dollar steadies above 2-month low ahead of Fed chair nominee Powell's confirmation hearing, European shares gain - Tuesday, November 28th, 2017

Nov 28, 2017 11:59 am UTC| Market Roundups

Market Roundup EUR/USD -0.08%, USD/JPY 0.2%, GBP/USD -0.08%, EUR/GBP 0.01% DXY 0.13%, DAX 0.33%, FTSE 0.55%, Brent -0.86%, Gold -0.06% Germany Import Prices MM Oct, 0.6%, 0.6% forecast, 0.9%...

Asia Roundup: Kiwi hits 2-week high ahead of RBNZ's financial stability report, dollar steadies near 2-month lows as investors cautiously await Senate hearing on Powell's chairmanship, BoE Governor Carney’s speech in focus - Tuesday, November 28th, 2017

Nov 28, 2017 06:30 am UTC| Market Roundups

Market Roundup Fed chair nominee Powell pledges decisive response to any economic crisis Feds Dudley says not concerned U.S. inflation is a little low Feds Dudley Opposes U.S. Tax Stimulus At Current...

Americas Roundup: Dollar index recovers from 9-week low, Gold rises, hits 6-week high, Wall Street ends little changed, Oil prices fall on higher U.S. supply, doubts about Russia's resolve-November 28th 2017

Nov 27, 2017 21:07 pm UTC| Market Roundups

Market Roundup Trump, Senate Republicans prepare for showdown over tax cuts. Feds Kaplan says rate hike appropriate in near future. US Oct New Home sales (Units), 0.685 mln, 0.625 mln forecast, 0.667 mln...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Tesla Clears Regulatory Hurdles for FSD Launch in China with Baidu's Help

Tesla and Baidu have joined forces to tackle Chinas rigorous FSD regulations, ensuring all Tesla operational data is stored in Shanghai, thereby adhering to strict data compliance measures. According to Reuters, a...

Samsung Teams With eSports Icon 'Faker' to Boost Odyssey Sales in China

Samsung Electronics has intensified its efforts in China by aligning with Lee Faker Sang-hyeok and the powerhouse T1 eSports team to promote their Odyssey gaming monitors. The collaboration was highlighted during an...

Ethereum Whales Sell Off 56K Coins, Fueling Fears of Further Price Drops

Whales have shaken the Ethereum market by dumping 56,000 coins, leading to widespread speculation about further price corrections amid the crypto markets broader instability. Impact of Whale Transactions on...

Shiba Inu Faces New Correction, Dips Below Key Support Levels

Shiba Inu (SHIB), the popular meme cryptocurrency, has initiated another correction phase. It dropped below the crucial 26-day EMA and edged towards significant support levels. This downturn reflects a broader hesitance in...

MetaComp and Harvest Global Launch Innovative Bitcoin Spot ETFs in Singapore

In a significant move to expand global investment options, Singapore-based fintech MetaComp has teamed up with Harvest Global Investments to launch innovative bitcoin spot ETFs. This collaboration integrates advanced...